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Category > Business & Finance Posted 29 Jul 2017 My Price 5.00

The following data were gathered to use in reconciling the bank account of East Meets West Company

The following data were gathered to use in reconciling the bank account of East Meets West Company:

Balance per bank $19,340
Balance per company records 6,480
Bank service charges 50
Deposit in transit 2,500
Note collected by bank with $250 interest 8,250
Outstanding checks 7,160

a. What is the adjusted balance on the bank reconciliation?
b. Journalize any necessary entries for East Meets West Company based on the bank reconciliation.

Answers

Alpha Geek
(8)
Status NEW Posted 29 Jul 2017 10:07 AM My Price 5.00

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Attachments

file 1501325205-267191_1_636358735917256875_267191.xlsx preview (257 words )
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